By Uditha Jayasinghe and Swati Bhat COLOMBO – Sri Lanka’s central bank sharply raised interest rates on Friday to staunch growing inflationary pressures and urged the government to consider measures …
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By William Schomberg LONDON -Bank of England Deputy Governor Jon Cunliffe said the crisis triggered by Russia’s invasion of Ukraine would add to risks in financial markets which have already …
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By Devayani Sathyan BENGALURU – Malaysia’s central bank will wait until the third quarter before raising interest rates from a record low to support an uneven economic recovery, according to …
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MOSCOW – Russia’s No. 2 lender VTB will hike mortgage rates by four percentgae points to 15.3% from Feb. 28, it said on Sunday, with harsh new Western sanctions forcing …
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By Praveen Menon WELLINGTON – Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said on Friday that countering inflation pressures early prevent the need for even higher rates in …
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Birth Rates Are Plummeting, But Not Because People Can’t Afford Children: STUDY Laurel Duggan on February 23, 2022 New research suggests plummeting birthrates in the U.S. are driven by culture, …
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By David Milliken LONDON – Bank of England policymaker Silvana Tenreyro said on Wednesday that she – like other BoE policymakers – saw a case for higher interest rates to …
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MADRID – European Central Bank Vice-President Luis de Guindos said on Wednesday that the institution will first need to end asset purchases before interest rates can rise. “We will look …
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– Morgan Stanley expects the U.S. Federal Reserve to raise interest rates six times this year for a total of 150 basis points, a faster increase than previously predicted, according …
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– The interest rate on the most popular U.S. home loan surged by the most in nearly two years last week, shooting above the 4% level for the first time …
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BOGOTA – Colombia’s central bank will have to front load interest rate hikes in the first half of this year in order to get a grip on inflation and maintain …
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By Jonnelle Marte -U.S. mortgage rates increased to a two-year high last week and could keep rising, a trend which may further squeeze first-time buyers struggling to overcome higher home …
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By Shaloo Shrivastava BENGALURU – Indonesia’s central bank will raise rates faster than thought just a month ago as concerns mount about a weaker rupiah as the Federal Reserve gears …
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By Patturaja Murugaboopathy and Gaurav Dogra – Poorer ’emerging market’ countries are facing the headwind of rising global interest rates this year, which in the past has prompted international investors …
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By Vuyani Ndaba and Vivek Mishra JOHANNESBURG/BENGALURU – Emerging market currencies will struggle to stem losses in the near-term as the U.S. Federal Reserve lifts interest rates off the zero …
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TOKYO – Japanese is not considering reviewing future national sales tax rates as the current 10% levy provides a vital source of funding the social security spending to support its …
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By Howard Schneider WASHINGTON – The U.S. Federal Reserve needs to begin raising interest rates but it is too soon to say how far or fast that process will need …
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By Wayne Cole SYDNEY – Australia’s central bank kept its cash rate at a record low of 0.1% on Tuesday and ended its A$275 billion ($194.40 billion) bond buying campaign …
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ANKARA – President Tayyip Erdogan repeated his unorthodox economic policy on Saturday, saying interest rates would be lowered further and inflation would fall as a result, days before inflation data …
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By Howard Schneider WASHINGTON – The Federal Reserve plans to raise interest rates in March on the assumption the U.S. economy will largely steer clear of fallout from the Omicron …
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By Gabriel Burin BUENOS AIRES – Brazil’s central bank is set to deliver a third consecutive 150 basis point rate rise on Wednesday in a bid to minimize risks of …
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By Howard Schneider WASHINGTON – The U.S. Federal Reserve clearly telegraphed a March interest rate hike after its meeting this week but the pace of what follows may remain clouded …
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By Vuyani Ndaba JOHANNESBURG – Major central banks in sub-Saharan Africa will leave interest rates unchanged in coming days, starting with Nigeria and Kenya, and followed by Ghana at the …
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– Amazon.com Inc on Monday reported injury figures for 2020 showing worse-than-average safety rates in its U.S. warehouses but a better record than peers in delivery. The online retailer also …
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CDC Director Rochelle Walensky this week officially confirmed that the omicron variant of the COVID-19 virus is not as deadly as the delta variant, but because there are significantly more …